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Forex Live News

20.05.2012 4:59

G8 Leaders Say Want Greece To Stay In Eurozone
Leaders of the G8 nations on Saturday said they support Greece remaining in the Eurozone, while welcoming the ongoing discussion in Europe on how to generate growth alongside a firm commitment on fiscal consolidation. "We agree on the importance of a s

18.05.2012 12:24

Dollar Has Weakened Slightly Heading Into The Weekend
The dollar has pulled back slightly versus its major rivals on Friday. There has been very little economic data released today, so the focus has remained on Thursday's weaker than expected U.S. reports. Investors have also continued to watch the situatio

18.05.2012 9:15

IMF: Czech Economy To Stagnate In 2012, Grow 2.1% Next Year
Economic activity in the Czech Republic is likely to remain flat this year after the post-crisis recovery stalled in the second half of 2011 due to a slowdown in exports, the International Monetary Fund said Friday. The Czech economy is forecast to exp

18.05.2012 7:25

BoE's Posen Says Withdrawal From Seeking More QE Premature: Report
Bank of England policymaker Adam Posen said that he may have been premature in withdrawing his call for more quantitative easing last month. In an interview with news agency Market News International, he reportedly said that underlying strength of the e

18.05.2012 7:20

Spanish Trade Deficit Narrows Sharply In March
Spain's merchandise trade deficit decreased significantly in March, as imports weakened compared to last year, date released by the government showed Friday. The trade deficit came in at EUR3.245 billion in March, 29.4 percent lower than the deficit rec

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Forex News and Commentary by FXDD

18.05.2012 11:50

Bobbys Corner-Open Market-May.18.2012
Good Morning: The equity markets started the overnight session down 3% throughout the region. The continued ongoing Greek crisis along with the downgrade of Spanish banks all lead to the drop. The Euro initially took a beating-EUR/USD traded as low …

17.05.2012 11:14

Bobbys Corner-Open Market-May.17.2012
Good Morning: A fairly quiet session-Especially in Europe due to the Ascension Day holiday. Spanish auction results helped raise 2.494 bln euros-but they had to pay up for the funds. April 2016 bond-yield at 5.106% versus 3.374% previously July 2015 ̷

16.05.2012 11:32

Bobbys Corner-Open Market-May.16.2012
Good Morning: Cable lost some steam after BOE’s King made comments that the UK recovery will be “slow and uncertain”.  With the UK financial sector exposed to the Euro Zone and their current crisis, there will be continued pressure on &#

15.05.2012 11:38

Bobbys Corner-Open Market-May.15.2012
Good Morning: Germany had some positive news today-when German Q1 took the markets by surprise and rose .5% versus the .1% that was expected. It seems that better than expected exports along with better than expected consumer spending kept the …

14.05.2012 11:20

Bobbys Corner-Open Market-May.14.2012
Good Morning: I see that the trend has stayed one sided since I was last in the USA- over 2 weeks ago. I have been across North America, Saudi Arabia,Qatar,Jordan with a quick stop in Egypt-to see our clients and IBs throughout the …

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